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Press Releases

Date	Title
3/12/98	Vornado's operating results for the year ended December 31, 1997.
3/9/98	Vornado acquired 150 East 58th Street, a 39 story Manhattan office building.
2/23/98	Vornado increased its existing unsecured revolving credit facility to $1 billion.
2/9/98	Vornado acquired the long-term leasehold interest in One Penn Plaza.
1/30/98	Vornado's Board of Trustees declares a quarterly dividend on Common Shares of $.40 per share.
1/26/98	Vornado entered into an agreement to acquire a portion of the real estate portfolio of the Kennedy Family, including the Merchandise Mart.
1/15/98	Vornado appointed Joseph Macnow, Executive Vice President - Finance and Administration and Irwin Goldberg, Vice President and Chief Financial Officer.